Target Market Analysis Newaygo Co., MI

Transcription

Target Market Analysis Newaygo Co., MI
Target Market Analysis
Newaygo Co., MI
Supply-Demand Workbook
July 18, 2014
Prepared by:
Contents:
Movership Rates
Upper Midwest
Prepared for:
..4#, /5'12*+0 #3'2 $8 /%+/%/./-+% !#1+#$,'
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Target Market Analysis
Newaygo Co., MI
Supply-Demand Workbook
July 18, 2014
Prepared by:
Contents:
Employment by Sector
Unemployment Rates
Prepared for:
Civilian Employment by Industry Sector (Ages 16+)
Newaygo and Kent Counties, Michigan - 2012
Information
1%
Agriculture, Forest, Fish, Hunt, Mine
5%
Wholesale Trade
2%
Transp., Wrhsg., Utilities
5%
Public Administration
3%
Finance, Insurance, Real Estate
Kent County
5%
Other Services, exc. Public Admin.
Newaygo County
6%
Construction
7%
Arts, Ent., Rec., Accomm., Food Serv.
6%
Profess., Sci., Mngmt., Admin., Waste
7%
Retail Trade
11%
Educ. Services, Health Care, Soc. Asst.
20%
Manufacturing
21%
0%
5%
10%
15%
20%
Share of Total Civilian Employment Ages 16+
Source: Underlying data provided by the 2012 American Community Surv
analysis and exhibit prepared by LandUse|USA; 2014.
Civilian Employment by Industry Sector (Ages 16+)
Newaygo and Muskegon Counties, Michigan - 2012
Information
1%
Agriculture, Forest, Fish, Hunt, Mine
5%
Wholesale Trade
2%
Transp., Wrhsg., Utilities
5%
Public Administration
3%
Finance, Insurance, Real Estate
Muskegon County
5%
Other Services, exc. Public Admin.
Newaygo County
6%
Construction
7%
Arts, Ent., Rec., Accomm., Food Serv.
6%
Profess., Sci., Mngmt., Admin., Waste
7%
Retail Trade
11%
Educ. Services, Health Care, Soc. Asst.
20%
Manufacturing
21%
0%
5%
10%
15%
20%
Share of Total Civilian Employment Ages 16+
Source: Underlying data provided by the 2012 American Community Surv
analysis and exhibit prepared by LandUse|USA; 2014.
Civilian Employment by Occupation (Ages 16+)
Newaygo, Kent, and Muskegon Counties, Michigan - 2012
7%
8%
Natural Resources, Const., Maint.
15%
16%
Production, Transp., Materials
20%
21%
16%
Service Occupations
20%
Ken
16%
Mu
26%
24%
Sales and Office Occupations
New
22%
35%
Mngmt., Business, Sciences, Arts
28%
25%
0%
5%
10%
15%
20%
25%
30%
35%
Share of Total Civilian Employment Ages 16+
Source: Underlying data provided by the 2012 American Community Survey (5-ye
exhibit prepared by LandUse|USA; 2014.
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Exhibit R.4
:81+-54 /)./-'4 $9'9+
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&/9. +89/3'9+8 9.75:-. '4:'7= 89/3'9+8 '4* 8:(0+)9 95 7+;/8/54 (= 9.+ $
22 ,/-:7+8 '7+ 6+7)+498 5, 9.+ 959'2 '(57 57)+ -+ (57 $9'9/89/)8 4'2=8/8 (= '4*%8+>%$ 549.2= %4+3625=3+49 #'9+8
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Exhibit R.5
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Exhibit R.6
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&/9. +89/3'9+8 9.75:-. '4:'7= 89/3'9+8 '4* 8:(0+)9 95 7+;/8/54 (= 9.+ $
22 ,/-:7+8 '7+ 6+7)+498 5, 9.+ 959'2 '(57 57)+ -+ (57 $9'9/89/)8 4'2=8/8 (= '4*%8+>%$ Target Market Analysis
Newaygo Co., MI
Supply-Demand Workbook
July 18, 2014
Prepared by:
Contents:
Renter-Occupied Units
Inventory
Prepared for:
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Selected Renter-Occupied, Attached Housing Units
The City of Fremont, Michigan (west half)
Data use subject to license.
TN
Source:
Field
inventories prepared by LandUse|USA; 2014. Underlying map provided b
© DeLorme. XMap®
7.
0
MN (5.5°W)
www.delorme.com
20
0
1
Selected Renter-Occupied, Attached Housing Units
The City of Fremont, Michigan (east half)
Data use subject to license.
TN
Source:
Field
inventories prepared by LandUse|USA; 2014. Underlying map provided b
© DeLorme. XMap®
7.
0
MN (5.5°W)
www.delorme.com
20
0
1
Selected Owner-Occupied, Attached Housing Units
The City of Newaygo, Michigan
Data use subject to license.
TN
Source:
Field
inventories prepared by LandUse|USA; 2014. Underlying map provided by
© DeLorme. XMap®
7.
0
MN (5.6°W)
www.delorme.com
20
0
1
Selected Renter-Occupied, Attached Housing Units
The Village of Hesperia, Michigan
Data use subject to license.
TN
Source:
Field
inventories prepared by LandUse|USA; 2014. Underlying map provided by
© DeLorme. XMap®
7.
0
MN (5.4°W)
www.delorme.com
20
0
1
Selected Renter-Occupied, Attached Housing Units
The City of White Cloud, Michigan
Data use subject to license.
TN
Source:
Field
inventories prepared by LandUse|USA; 2014. Underlying map provided b
© DeLorme. XMap®
7.
0
MN (5.6°W)
www.delorme.com
20
0
1
Selected Renter-Occupied, Attached Housing Units
The City of Grant, Michigan
Data use subject to license.
TN
Source:
Field
inventories prepared by LandUse|USA; 2014. Underlying map provided b
© DeLorme. XMap®
7.
0
MN (5.6°W)
www.delorme.com
20
0
1
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
1
Deerfield Apartments
209 Meadow Hills Lane
Fremont, MI 49412
231-924-6790, 231-924-5840
2
Wedgewood Apartments
216 Meadow Hills Lane #21
Fremont, MI 49412
231-924-3729
Heat and Water Included
3
Meadow Hills Apts.
103 - 216 Meadow Hills Lane
Fremont, MI 49412
231-924-3729
Heat and Water Included
4
Peachtree Village Apartments
1100-1104 State Street
Fremont, MI 49412
800-225-7982
Heat and Water Included
HCV
=1
Year
Open
#
Units
BR
BA
1981
12
0-1
1
12
1984
20
1
1
62
1
12
1984
48
1
2
3
1
1
1
62
67
74
1
12
1991
20
1
2
1
1
63
78
1
Seni Min.
ors Mo. in
=1 Lease
1
1
Estim
Sq.
(Ran
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
HCV
=1
Seni Min.
ors Mo. in
=1 Lease
5
Apple Ridge Apartments
318 DeWitt Avenue
Fremont, MI 49412
800-225-7982
Heat, Water, and Trash Included
1
12
6
Oak Creek Apartments
101 West Main Street
Fremont, MI 49412
800-225-7982
Heat, Water, and Trash Included
1
7
Greenfield Manor Senior Apartments
228 DeWitt Avenue
Fremont, MI 49412
800-225-7982
Heat, Water, and Trash Included
8
Fremont Townhouses
1220 State Street
Fremont, MI 49412
231-924-3729
1
1
BR
BA
1994
32
renovated
2013
1
2
1
1
65
80
12
1983
32
renovated
2013
1
2
1
1
61
74
12
1994
26
renovated
2013
1
2
1
1
54
76
2
3
1.5
2.5
67
82
12
Year
Open
2005
#
Units
12
Estim
Sq.
(Ran
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
9
10 S. Division Street
Fremont, MI 49412
HCV
=1
Seni Min.
ors Mo. in
=1 Lease
Year
Open
#
Units
1800
3
2014
38
BR
BA
0
1
2
1
1
1
2
2
Estim
Sq.
(Ran
10 1, 2, 3 & 25 E. Main Street
Fremont, MI 49412
11 Fremont High School
204 E. Main Street
Fremont, MI 49412
1
12 Locust Hill Apartments
1045 - 1047 State Street
Fremont, MI 49412
231-924-5283
13 Hills Mobile Home Park
927 Lake Drive
Fremont, MI 49412
231-924-5283
12
1980
55
98
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
HCV
=1
Seni Min.
ors Mo. in
=1 Lease
Year
Open
14 Daisy Brook Apartments
522 - 524 Darling Avenue
Fremont, MI 49412
616-675-5574
15 Southwoods Senior Housing
317 Southwoods Avenue
Fremont, MI 49412
231-924-0641
18 State Street Apartments/Duer Rentals
604 State Street
Fremont, MI 49412
231-924-5487
BR
BA
Estim
Sq.
(Ran
1
1
67
2
1.5
90
16
1
10
16 12 West Main Street
Fremont, MI 49412
17 North Darling Apartments
530 N Darling Avenue
Fremont, MI 49412
231-924-0674
#
Units
6
1978
6
6
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
HCV
=1
Seni Min.
ors Mo. in
=1 Lease
Year
Open
#
Units
BR
BA
15
2
3
1 900-1
1.5
13
12
24
1
1
1
1
1
1
12
24
1
2
1
1
48
1
2
1
1
19 Stoney Road Pillars
301 N Stone Road
Fremont, MI 49412
231-519-2170
Heat Included
20 Grant Community Senior Citizens Housing
10 North Lake Street, #13
Grant, MI 49327
616-887-5032
Gas, Heat and Water Included
1
21 Whispering Hills Apartments
161-163 N. Lake Street
Grant, MI 49327
231-834-9590
Heat and Water Included
1
22 Dwelling Zone
226 Endeavor Blvd
Grant, MI 49327
231-834-0006
1
2003
Estim
Sq.
(Ran
75
82
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
HCV
=1
Seni Min.
ors Mo. in
=1 Lease
Year
Open
23 Lakeview Apartments
136 North Lake Street
Grant, MI 49327
231-652-4553
Water Included
24 Duplex
281 S. Hall Street
Grant, MI 49327
2007
25 Fountain View Village
50 S Maple Street
Grant, MI 49327
231-834-8202
26 White River Estates
23 South Winter Street
Hesperia, MI 49421
616-866-1721
Water Included
#
Units
BR
BA
16
1
2
1
1
2
2
1
0
0
1
1
sha
priv
1
2
1
1
55
60
1
1
12
1983
31
Estim
Sq.
(Ran
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
HCV
=1
26 Silverwood Manor Senior Apartments
140 Town Place Court
Hesperia, MI 49421
800-225-7982
27 Town Place Apartments
120 Town Place Court
Hesperia, MI 49421
800-225-7982
Gas, Heat, and Water Included
Seni Min.
ors Mo. in
=1 Lease
1
1
Year
Open
#
Units
BR
BA
12
1995
16
1
1
58
12
1995
16
1
2
1
1
61
76
28 The River AFC
397 W Michigan Avenue
Hesperia, MI 49421
231-854-4701
1
15
1
0
29 A New Beginning
298 Hawley Street
Hesperia, MI 49421
231- 854-0131
Meals/Laundry Included
1
6
1
0
Estim
Sq.
(Ran
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
30 Pine Lake Village Apts. & Townhouses
137 West Pine Lake Drive
Newaygo, MI 49337
231-652-7900
Water and Trash Included
HCV
=1
Seni Min.
ors Mo. in
=1 Lease
1
31 Woodview Apartments
782 West Brooks Street
Newaygo, MI 49337
231-652-1671
Gas, Heat and Water Included
32 Wildwood North Senior Apartments
157 West Barton Street
Newaygo, MI 49337
231-652-1500
Gas, Heat, and Water Included
1
33 Edgeview Apartments
290 East 82nd Street
Newaygo, MI 49337
231-652-7757
1
12
Year
Open
#
Units
BR
BA
2003
112
1
2
2
3
1
1
2
2
66
80
92
12
66
1
1
2
2
1
1
1
1
50
55
60
65
1
12
1
12
1986
18
1
2
1
1
12
1978
36
1
2
3
1
1
1
Estim
Sq.
(Ran
62
67
72
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
34 Autumn Grove Apartments
620 West Brooks Street
Newaygo, MI 49337
231-652-4410
Gas, Heat and Water Included
35 M-37 Motel
8372 Mason Drive
Newaygo, MI 49337
231-652-6222
Weekly rates
36 Downtown Newaygo
Newaygo, MI 49337
18 Upper Floor Apartments
With MSHDA Grants, 2002 - 2008
37 Brookhaven Estates Mobile Home Park
622 South Division Street
Newaygo, MI 49337
231-652-4049
HCV
=1
1
Seni Min.
ors Mo. in
=1 Lease
12
Year
Open
#
Units
BR
BA
1987
24
1
2
1
1
7
1
2
1
1
2
3
1
1
Estim
Sq.
(Ran
59
76
18
133
16
18
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
HCV
=1
Seni Min.
ors Mo. in
=1 Lease
Year
Open
#
Units
BR
BA
38 Four - plex
163 State Road
Newaygo, MI 49337
39 Upper Floor Apartments
30 State Road
Newaygo, MI 49337
616-498-7061
1
2
3
5
1
1
2
40 Upper Floor Apartments
56 State Road
Newaygo, MI 49337
231-652-8080
41 Woodridge Apartments
70 North Lester Street
White Cloud, MI 49349
231-689-5662
1
12
32
1
2
3
4
1
1
1
1
Estim
Sq.
(Ran
Field Inventory of Multifamily Housing with 2014 Rent Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
Name, Address, and Phone Number
HCV
=1
42 Sand Hill Apartments
92 North Lester Street
White Cloud, MI 49349
231-689-1710, 800-649-3777
62 + only or disabled of any age
Heat and Water Included
43 White Cloud Meadows Apartments
98 North Lester Street
White Cloud, MI 49349
231-689-1710, 800-649-3777
Heat, Water, Trash, and Sewer Included
44 Duplex
725 - 727 E Wilcox Avenue
White Cloud, MI 49349
45 Johnny's Motel
644 S Evergreen Drive
White Cloud, MI 49349
231-689-1512
Weekly Rentals and Homeless Solutions
Seni Min.
ors Mo. in
=1 Lease
1
1
#
Units
BR
BA
12
24
1
2
1
1
12
32
1
2
1
1
4
Year
Open
Estim
Sq.
(Ran
Target Market Analysis
Newaygo Co., MI
Supply-Demand Workbook
July 18, 2014
Prepared by:
Contents:
Owner-Occupied Units
Inventory
Prepared for:
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Selected Owner-Occupied, Attached Housing Units
The City of Fremont, Michigan
Data use subject to license.
TN
Source:
Field
inventories prepared by LandUse|USA; 2014. Underlying map provided b
© DeLorme. XMap®
7.
0
MN (5.5°W)
www.delorme.com
0
1
Field Inventory of Condo and Mobile Home Housing with 2014 Sale Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
#
1
Name
Garten Haus
306 Meister Lane
404 East Vienna Lane
Fremont, MI 49412
2
Main Street Duplex
607-615 E. Main Street
Fremont, MI 49412
3
Hillcrest Estates, Condos
400 - 425, 442 Mary Lane
Fremont, MI 49412
Year
Built
Total
Units
16
Units
Avail
1999
1997
BR
BA
Sq. Ft.
3
3
3
3
2300
1668
4
1987
1340
42
1
2
2
2
3
4
4
1.5
2
2.5
2
2.5
3
1750
1950
1220
2300
1300
1315
4
Hills Mobile Home Park
927 Lake Drive
Fremont MI 49412
(231) 924-5283
55
2
3
2
2
950
1150
5
Meadowview Village Mobile Home Park
238-301 Blazing Star Dr
Fremont, MI 49412
(231) 928-0095
86
2
3
2
2
900-1450
900-1350
Field Inventory of Condo and Mobile Home Housing with 2014 Sale Forecasts
The Cities of Fremont, Grant, Newaygo, White Cloud and Village of Hesperia, Michigan
Year
Built
1995
Total
Units
96
#
6
Name
Country View Estates Mobile Home Park
401 Market Street
Fremont, MI 49412
(231) 924-3131
7
Rob-Ann Mobile Home Court
1215 Locust Street
Fremont MI 49412
(231) 924-0205
1964
8
Meadow Hills Rowhouse Condos
4-28 Meadow Hills Lane
Fremont, MI 49412
231-924-3729
9
Churchill Estates
112 Divina Dr.
Grant, MI 49327
10 Evergreen Village Mobile Home Park
146 N Smith St
Hesperia, MI 49421
11 Top Floor Apartment/Mixed Use
52 State Rd
Newaygo, MI 49337
Units
Avail
3
11
BR
2
3
BA
2
2
Sq. Ft.
900-1450
900-1350
84
2
3
2
2
950
1150
1962
12
2
3
1
2
820
1050-1150
2001
18
2
3
2
2
2100
2100
1997
73
2
3
2
2
900
1100
1
4,350

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